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December 29, 2008

Darwinian

Associated Press (Ellen Simon) piece of December 26:

NEW YORK (AP) - Economic cycles are Darwinian, picking off weak companies and leaving survivors stronger.

More than a year into the recession, solid retailers have their pick of mall space. Respected banks are getting an influx of deposits. Tech companies with money to spend are having an easier time hiring.

It's been a year of brutal losses. [more]

darwin.jpg

Posted by Holden Oliver (Kitzb├╝hel Desk) at December 29, 2008 07:35 PM

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